Priority Aviation Announces Acquisition of Telluride Health Company
NEW YORK, October 12, 2017 /PRNewswire/ --
Priority Aviation Inc. (OTC PINK: PJET) today announced the acquisition of Telluride Health Company. The acquisition marks a strategic directional change for the Company. In conjunction with the acquisition of Telluride Health Company, Priority Aviation is exiting the private jet charter service industry with the disposition of its subsidiary Priority One Jets, Inc. Yasmine Acebo, a Telluride Health Company Founder, comes on board as the new Priority Aviation Chief Executive Officer replacing Peter Minikes who resigned as CEO and board member. Mr. Minikes exercised his option under his employment agreement to acquire Priority One Jets. Replacing Mr. Minikes on the board of directors is Ms. Acebo and Randell Torno.
Telluride Health Company's is founded by young cannabis entrepreneurs that have identified an untapped sector of the market. Telluride Health Company imminently anticipates announcing its first unique product for this untapped sector of the overall cannabis market. The Company plans on updating its corporate name to Telluride Health Company to reflect the strategic direction change announced today.
Look for more information on the company's new direction as Telluride Health Company coming soon.
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